Replies to post #60381 on Indo Global Exchanges Pte Ltd (IGEX)

[allenc]

"Also, any new stock issuances, like all new issuances, would be restricted and only issued as collateral until the merger is finalized. Not for dilutive purposes. The float remains unchanged since November of 2018."

[confuciussay]

I'm only aware of the 2 share reductions that J.B. had talked about. It makes no sense at all for anyone to be diluting since they started negotiations. (However this is the otc.!) Unless there's some outstanding notes which there shouldn't be I'm at a loss to give you an answer to your question. IGEX

[confuciussay]

Here's a better answer than my last one.. IGEX

Its collateral for the merger. Shares are in the OS not the float.
All collateral shares are restricted. The float remains unchanged.
This has been posted several times already.